Purchased property in august 2018 as an owner occupant with a HUD NHHFA loan. the property is a 3 unit. I inherited a scum bag tenant that lived in the property for 17 years who destroyed the apartment with all his am...
Hello all,Wife and I are high earners with busy jobs and limited spare time (total salary >$1.2M/yr). We don't live lavishly, pay a ton in taxes, and are making traditional investments. Our savings are starting t...
As a newbie RE investor I was wondering whether or not to manage my own potential properties. Can anyone give me a quick rundown of how to choose whether or not to do so? I see that doing so certainly makes the return...
Hi there. I know this question is vague, so here is the sitiluation: I hired a CPA well regarded and very active here in BP, in January, to prepare my 2023 tax return. I paid for a cost seg study on my only str proper...
I just turned 45 in May and finally bought my first rental property this past March 2019. My wife and I started our own vacation rental business . Although this is the slow season in Big Bear Lake Ca, where our STR ...
Hey Guys!I haven't been as active on the forums near as much as I would have like to have been these past few months. Mostly because I've been scouring the MLS looking for deals or checking on our current rehab houses...
So many people are graduating college every year with tens of thousands of dollars of debt. Many of these graduates are having a hard time finding jobs that pay 50K+. It doesn't make sense to me to "invest" all of thi...
The other day after work I got to my car and started checking my phone to respond to emails, check BiggerPockets and LinkedIn. After a while I realized that I had been sitting in my car responding to those in the real...
Question for my seasoned investors and mentors. I'd like to get a healthy debate going here. I live in the very expensive Brooklyn/NYC market. I have about 250k in liquid assets and I earn a high W-2 income. I have a ...
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...